SelectQuote

10 Posts Back Home

Life Insurance Tips, Part 1: Ways To Get Prepared

When you let SelectQuote shop for your life insurance, the highly-rated companies we represent compete for your business – just like the leading college basketball teams contend for the championship during March Madness. With the first game of the 2016 NCAA men’s basketball tournament coming up fast on March 15, March Madness is in full swish. In the spirit of the tournament (and because we love sports analogies), this four-part blog series will provide a play-by-play account of what it’s like to get life insurance through SelectQuote – from securing a quote to activating your policy. Preparing for the Big Game…

Life Insurance and Retirement Planning Advice

Once upon a time, you could rely on Social Security and pension plans to cover the majority of your financial needs after you stopped working. But as more and more boomers are discovering each year, retirement can be elusive. That’s why most financial advisors recommend formulating and implementing a retirement strategy as early as possible. Here are four smart tips for retirement planning, starting with how life insurance can help secure your financial situation after you leave the workforce. Use Life Insurance to Help Fund Your Retirement When the topic of retirement planning comes up, few people think about life…

Life Insurance Companies Ratings

Life insurance can be a decades-long investment, which is why it pays to thoroughly research your options before deciding on a company. Fortunately, all the major life insurance companies have financial strength ratings, which estimate how likely an insurer is to pay its claims. However, not all ratings are created equal. Here are four things you need to know about life insurance company ratings before you decide on a life insurance company. Know the Players The primary rating agencies are A.M. Best, Standard & Poor’s, Fitch and Moody’s. Anyone can access A.M. Best’s financial strength ratings by searching the company’s…

5 Things You Didn’t Know About Term Life Insurance Quotes

Thanks to the Internet, term life insurance quotes are easy to get – but not so easy to understand. If you’ve used a number of different online quoting engines, chances are you’ve been quoted a broad range of prices. The varying estimates you receive are usually the result of how many questions you answered to get your quotes, along with which life insurance company (or companies) the quoting firm represents. Here are five things you didn’t know about term life insurance quotes that can save you time and money – and often spare you from disappointment. Your Quote Is Not Your…

8 Auto and Home Tax Write-Offs You Never Knew About

According to the latest report on tax deductions released by the IRS, taxpayers who took the standard deduction in 2009 claimed a total of $747 billion. Meanwhile, those who took the time to itemize their deductions claimed more than $1 trillion. The lesson is clear: Itemizing your tax write-offs can pay off in a major way. While most of us are aware of well-publicized deductions like business expenses and charitable gifts, your car and home can provide you with more tax write-offs than you may realize. Here are eight auto and home expenses you probably didn’t know you could write…

Mortgage Insurance Versus Term Life Insurance

To anyone in the process of buying a home for their family, the concept of mortgage insurance makes a lot of sense: If something happens to you, your family will have enough coverage to pay off the mortgage. However, it may make more sense to purchase a term life insurance policy instead. In order to compare term life insurance and mortgage insurance, we must first define the two main types of mortgage insurance. The first type is called private mortgage insurance (PMI). If you buy a home with less than 20 percent down, you are usually required by law to…

7 Common Life Insurance Mistakes to Avoid

According to a Bankrate Money Pulse survey from June 2015, nearly 50 percent of American households don’t have any life insurance to speak of. Among those who do have it, nearly half are underinsured. The survey also notes that many policyholders don’t understand how much life insurance they need or how much they should be paying, which can lead to serious mistakes during the buying process. Here are seven of the most common life insurance mistakes to avoid before, during and after you buy a life insurance policy. Being Less Than Honest on Your Application It can be tempting to…

5 Reasons Why 2016 Looks Good for the US Economy

2015 was a good year for the US economy, and it looks like this upward trend is likely to continue throughout 2016. The International Monetary Fund has reported a projected gross domestic product growth of 2.8 percent (up from 2.6 percent in 2015), leading statisticians to predict that America will continue to outperform other leading First World nations in the fiscal year to come. Here are five indicators that 2016 will be at least as good as 2015 from a financial perspective – and maybe even better. Interest Rates Are Up On December 16, 2015, the Federal Reserve raised its…

5 Ways to Look and Feel Better in the New Year

Every January, you get the chance to start fresh with a new year and a new you. Statistics show that those who consciously make New Year’s resolutions are 10 times more likely to achieve them than people who don’t, so take the time to write them down or talk about them with those closest to you.To kick-start your efforts, here are five ways to make your life better in 2016. Get Healthy This year, resolve to replace your fat pants and cigarettes with a plan to get (and stay) healthy in 2016. Start with a pledge to achieve a healthy…

7 New Year’s Resolutions That Really Pay Off

More than 40 percent of Americans make New Year’s resolutions, but according to a January 2015 study by the University of Scranton, only eight percent of us actually keep them. While vague goals like losing weight or spending more time with your family can be difficult to achieve, these seven resolutions are refreshingly specific, require minimal effort, and can actually improve your financial situation. Embrace the Coupon Given the ubiquity of sites like Groupon, coupons and coupon codes have never been easier to come by. It only takes a little digging to find coupons for nearly everything you purchase –…

Navigate